Global Surgical Mask Industry Set to Soar, Projected to Reach US$ 5.7 Billion by 2033 | FMI Reports

Global Surgical Mask Industry
Global Surgical Mask Industry

The Global Surgical Mask Industry is on a trajectory of remarkable growth, with a consistent Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. In 2023, the market is projected to generate an impressive US$ 2.06 billion, and by 2033, it is set to achieve a staggering US$ 5.7 billion in valuation. These revelations come from comprehensive research conducted by ESOMAR-certified consulting firm FMI.

FMI’s latest report provides invaluable insights into the Surgical Mask market, offering a deep dive into various aspects of this dynamic industry. The study delves into the demand trends, product developments, revenue generation, and sales in the Surgical Mask market, painting a comprehensive picture of its evolution.

One of the standout features of FMI’s research is its meticulous analysis of market dynamics. The report assesses the drivers, restraints, opportunities, and challenges influencing the market’s growth trajectory. Understanding the consequent impact of these factors is vital for industry stakeholders seeking to make informed decisions in this rapidly evolving landscape.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Global Surgical Mask Industry Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Surgical Mask market.

Future Market Insight’s (FMI’s) latest study published on the Surgical Mask market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Global Surgical Mask Industry .

Key Global Surgical Mask Industry Takeaways and Projections

  • The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
  • Germany Surgical Mask market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Surgical Mask Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Surgical Mask market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
  • Surgical Mask Demand-Supply Assessment:The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Surgical Mask market. As per the survey, Surgical Mask sales will project steady growth over the forecast period.
  • XZY Market Structure Analysis:The report provides detailed information about market the concentration of key players and tier analysis in the Surgical Mask market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Surgical Mask Category & Segment Level Analysis:FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
  • Global Surgical Mask Industry  Trend Analysis:FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the Global Surgical Mask Industry to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Surgical Mask market.

Some of the prominent market players are profiled by FMI

3M, Honeywell International Inc., and Medline Industries, Inc., Halyard Health (Owens & Minor, Inc.), Kimberly-Clark Worldwide, Inc., Medline Industries, Inc., Moldex-Metric Inc., Kowa Company Ltd., Premium HealthCare Disposables Private Limited, Kindwell Medical BioClean (ANSELL LTD.), Dynarex Corp., and Valmy among others.

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Key Segments

Product

  • Basic Surgical Masks
  • Anti-Fog Foam Surgical Masks
  • Fluid/Splash Resistant Surgical Masks
  • Others

End-user

  • Hospitals
  • Ambulatory Surgical Centers / Specialty Clinics
  • Individual
  • Others

Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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